Janet Yellen / IMAGE: CBS Sunday Morning via YouTube Treasury Secretary and former Fed Chair, Janet Yellen , has reversed course, saying that inflation will likely stay with the country for at least a few more months after previously saying it would likely subside quickly.
“We will have several more months of rapid inflation,” Yellen told Sara Eisen on CNBC . “So I’m not saying that this is a one-month phenomenon. But I think over the medium term, we’ll see inflation decline back toward normal levels. But, of course, we have to keep a careful eye on it.” Treasury Secretary […]
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